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TAXATION OF AOP (Income Tax)

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( Author )
14 April 2010

THE TOTAL INCOME OF AN AOP FOR THE PREVIOUS YEAR ENDING 31-3-2010 IS RS. 600000. IT HAS 3 MEMBERS I.E. R LTD. (FOREIGN COMPANY) AND TWO RESIDENT INDIVIDUALS S & G. THE SHARE OF PROFIT OF THE MEMBERS FROM AOP NOT KNOWN?

COMPUTE TAX PAYABLE BY THE AOP AND THE TREATMENT OF INCOME IN HAND OF FOREIGN COMPANY & INDIVIDUALS SEPRATELY.


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